Page:United States Statutes at Large Volume 56 Part 1.djvu/420

 392 Time limit for final payments. Emergency Farm Mortgage Act of 1933, amendment. 50 Stat. 521. 12U. S. C. 1016(i). Ante, p. 306. Post, p. 1004. Interest-rate limita- tions. PUBLIC LAWS-CHS. 449, 450-JUNE 27, 1942 [56 STAT. interest on so-called purchase-money mortgages and on real estate sales contracts taken by the Federal land banks which is payable on installment dates occurring after June 30, 1942, except that in the case of such mortgages and contracts the rate of interest shall be one- half of 1 per centum per annum in excess of the rate paid by borrowers on mortgage loans made through national farm loan associations." (c) The fourth sentence of said paragraph Twelfth (relating to the 1942 time limit on payments made by the United States to land banks on account of such interest reduction), is amended to read as follows: "No payments shall be made to a bank with respect to any period after June 30, 1944." SEC. 2. The last paragraph of section 32 of the Emergency Farm Mortgage Act of 1933, as amended (relating to reduction in the interest rate on loans by the Land Bank Commissioner), is amended to read as follows: "Notwithstanding the foregoing provisions of this section, the rate of interest on loans made under this section shall not exceed 4 per centum per annum for all interest payable on install- ment dates occurring on or after July 22, 1937, and prior to July 1, 1940, and shall not exceed 31/2 per centum per annum for all interest payable on installment dates occurring on or after July 1, 1940, and prior to July 1, 1944. Notwithstanding the interest rate provided for in so-called purchase-money mortgages and real estate sales contracts taken by the Federal Farm Mortgage Corporation, the rate of interest payable on such mortgages and contracts shall not exceed 4 per centum per annum for all interest payable on installment dates occurring on and after July 1, 1942, and prior to July 1, 1944." Approved, June 27, 1942. [CHAPTER 450] June 27, 1942 [H. R . 6430] [Public Law 630] Independent Offices Appropriation Act, 1943. Proiso. Temporary details. AN ACT Making appropriations for the Executive Office and sundry independent execu- tive bureaus, boards, commissions, and offices, for the fiscal year ending June 30, 1943, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the following sums are appropriated, out of any money in the Treasury not other- wise appropriated, for the Executive Office and sundry independent executive bureaus, boards, commissions, and offices, for the fiscal year ending June 30, 1943, namely: EXECUTIVE OFFICE OF THE PRESIDENT COMPENSATION OF THE PRESIDENT AND VICE PRESIDENT For compensation of the President of the United States, $75,000. For compensation of the Vice President of the United States, $15,000. THE WHITE HOUSE OFFICE Salaries: For personal services in the office of the President, including the Secretary to the President, two additional secretaries to the President and six administrative assistants to the President at $10,000 each; $226,210: Provided, That employees of the executive departments and other establishments of the executive branch of the Government may be detailed from time to time to the office of the President of the United States for such temporary assistance as may be deemed necessary. Contingent expenses: For contingent expenses of The White House Office, including stationery, record books, telegrams, telephones,

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